Edmonton Real Estate Blog

From pre-approval to closing day, the entire mortgage process can be a stressful experience, even when everything goes to plan. But while everyone will always do their best to make sure the process goes smoothly, there’s always room for error. Read More

With the easy availability of credit these days, it’s rare to have to save up a significant amount of money to make a purchase. For most, the one exception to this rule is the down payment on a home. Canadian mortgage rules require you to… Read More

Wouldn’t it be nice if you could make money using someone else’s money?

You can! That’s what happens when you take out a mortgage to purchase an investment property. Sure, you need to put some of your own money down for the down payment, but the bulk of your purchase is borrowed. You can then use the income you earn from tenants to pay down the principal balance and build up your equity. Read More

You’ve already achieved your dream of homeownership, and now you’re starting to think about a second home now. Maybe it’s a nice vacation home so that your family can spend the summers relaxing by the beach or the winters hitting the slopes. Maybe you’re looking for a new place to live but realize that your current place is the perfect rental unit. Read More

Property taxes are handled a bit differently when buying a new home and how they are handled depends on the time of year and whether or not the annual invoice has been paid by the Builder yet. Read More

Early last year, as the world woke up to the COVID-19 outbreak, its negative consequences were felt across the globe. To cope with the far-reaching effects of the raging pandemic, several organizations and businesses, big and small, implemented changes to reduce the colossal loss to human life as well… Read More

There’s a lot to think about when it comes to buying a new home, but one of the first things you’ll need to figure out is the down payment. You’ll need to come up with this before the home-buying process can begin. Read More

The COVID-19 crisis has changed so much of everyday life that it’s hard to believe some things are carrying on as normal. You’re concerned about everything going on in the world around you, but the bills still need to be paid. Read More

Canada’s big banks announced this week that those struggling due to the COVID-19 crisis will be able to defer their mortgage payments for up to six months. The deferral will be granted on a case-by-case basis to assist those disrupted by the COVID-19 pandemic. Every situation will be quickly assessed by customer service representatives to come up with a solution that works for each borrower, which may include deferring mortgage payments up to six months. Read More

One of the most important aspects of the home-buying process is knowing what to expect. The thought of buying a home can be daunting, and you don’t want to be taken by surprise with any unexpected fees. Read More